1-bed · 760 sqftThe Point, Dubai Marina · 11th floor · completed 2009

1108, The Point

Sold prices and rental history: sold 3 times, last in July 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.38M26 July 2015
Current rentAED 84K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, The Point

What is 1108 worth today?

Last sold for AED 1,380,000 in 2015

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1 Nov 2024RentedRenewal
AED 84,000/yr12 months · AED 110 per sqft
1 Nov 2023RentedRenewal
AED 80,000/yr12 months · AED 105 per sqft
1 Nov 2022RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
3 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
31 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
23 Aug 2017RentedNew contract
AED 92,000/yr12 months · AED 120 per sqft
26 Jul 2015SoldReady
AED 1,380,000AED 1,816 per sqft
23 Jan 2011SoldReady
AED 968,963AED 1,275 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
11th of 27
Parking
B2-119
Developer
Point Development
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.38M · July 2015
Building
The Point

About 1108, The Point

1108 is a one-bedroom apartment of 760 sqft on the 11th floor of The Point, a 27-storey tower in Dubai Marina completed in 2009 by Point Development. It last sold on 26 July 2015 for AED 1,380,000, or AED 1,816 per sqft, 3% below the AED 1,875 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 84,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in The Point
1M1.5M2009201420192024Typical sale price by year: 2009 AED 917,215; 2010 AED 894,248; 2011 AED 946,944; 2012 AED 840,000; 2013 AED 1,060,000; 2014 AED 1,450,000; 2015 AED 1,350,000; 2016 AED 1,212,500; 2017 AED 1,200,000; 2018 AED 1,221,015; 2019 AED 950,000; 2020 AED 734,800; 2021 AED 875,000; 2022 AED 1,172,500; 2023 AED 1,250,000; 2024 AED 1,487,500; 2025 AED 1,585,000; 2026 AED 1,625,000Sold by developer, January 2009: AED 968,963 (AED 1,275 per sqft)Sold, January 2011: AED 968,963 (AED 1,275 per sqft)Sold, July 2015: AED 1,380,000 (AED 1,816 per sqft)

1108 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, each contractTypical one-bed in The Point
60K80K100K20112015201920232027Typical rent by year: 2011 AED 70,000; 2012 AED 68,250; 2013 AED 73,500; 2014 AED 88,000; 2015 AED 94,500; 2016 AED 92,750; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 68,200; 2023 AED 75,000; 2024 AED 90,300; 2025 AED 90,000; 2026 AED 90,000New contract, August 2017: AED 92,000 a yearNew contract, December 2017: AED 90,000 a yearNew contract, November 2021: AED 60,000 a yearNew contract, November 2022: AED 80,000 a yearRenewal, November 2023: AED 80,000 a yearRenewal, November 2024: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Point, and where 1108 sits

All 104 1-beds →

1108 last sold in July 2015 at AED 1,816 per sqft, 3% below what one-beds in The Point were fetching at the time (AED 1,875). Over the last 12 months one-beds sold for AED 1,380,000 to 2,000,000, around AED 2,104 per sqft, and rent for AED 47,500 to 128,000 a year. 1108's AED 84,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Sep 20261,650,000
7 Aug 20261,500,000
26 Jun 20261,600,000
17 Jun 20261,500,000
10 1-bed sales in the last 12 months

The Point

Building

188 apartments, studios to 4-bed over 27 floors in Dubai Marina, completed in 2009 by Point Development. 17 sold in the last 12 months.

Typical price per sqft
AED 2,035 Up 3.8%
Typical sale
AED 1.73M
Typical rent
AED 90K /yr
Typical yield
5.5%
The Point, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 188 units in The Point
Value
11011-bedAED 1.5M · Sep 2016
11021-bedAED 1.6M · Apr 2026
11031-bedAED 1.75M · Jun 2026
1104StudioAED 450K · Jan 2020
11051-bedAED 1.25M · Sep 2023
11061-bedAED 1.32M · Jun 2015
1107StudioAED 930K · May 2017
1–7 of 9

1108, The Point in numbers

  • Sold 3 times: first on 27 January 2009 for AED 968,963, last on 26 July 2015 for AED 1,380,000 (AED 1,816 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 92,000 to AED 60,000 in 2021 and recovered to AED 84,000 by November 2024.
  • At AED 84,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 18,100 a year (AED 23.83 per sqft).
  • One-beds in The Point sold for AED 1,380,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,035 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1108, The Point

What did unit 1108 last sell for?

AED 1,380,000 on 26 July 2015: AED 1,816 per sqft for 760 sqft. The unit has 3 registered sales; the first was AED 968,963 in January 2009.

What is the rent for unit 1108?

AED 84,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 80,000; the unit has been rented since August 2017.

How big is unit 1108?

760 sqft (70.6 sqm): a one-bedroom apartment on the 11th floor of a 27-storey tower completed in 2009.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Point sold for AED 1,380,000 to 2,000,000 in the last 12 months, around AED 2,104 per sqft.

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Mortgage on 1108, The Point

Starts from the last sale price (AED 1.38M, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →